BB&T Corp. confirms it's been hit by a DDoS attack, making it the ninth U.S. bank to be targeted in five weeks. The online outage at BB&T comes on the heels of the attack that hit Capital One on Oct. 16.
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As DDoS attacks on banks continue, institutions can take immediate steps to lessen the impact on customer experience and reduce fraud risks. Jason Malo of CEB TowerGroup offers insight.
When it comes to fighting DDoS attacks, institutions must understand the threats against them, says Bill Wansley of Booz Allen Hamilton. Varying attack vectors require different modes of detection and prevention.
What's missing from remarks by Defense Secretary Leon Panetta, Senate Majority Leader Harry Reid and others is how the stalemate that led to the filibuster of the Cybersecurity Act could be resolved. Will the election make a difference?
"A cyberattack perpetrated by nation states or violent extremists' groups could be as destructive as the terrorist attack on 9/11," U.S. Defense Secretary Leon Panetta says. "Such a destructive cyber-terrorist attack could virtually paralyze the nation."
Do we have any reason to believe that any targeted banking institution will be better prepared next week to ward off a distributed denial of service attack like those that rocked three banks this week?
DDoS attacks have existed for years. But the latest wave brings new threats to organizations. How should they defend against these attacks? Ashley Stephenson of Corero Network Security offers insights.
Regions Bank is the eighth U.S. financial institution apparently targeted by a DDoS attack believed to be waged by the hacktivist group Izz ad-Din al-Qassam. Experts say banks should brace for more attacks on the way.
Healthcare providers often fail to conduct comprehensive, timely risk assessments, as required by regulators. But security expert Kate Borten says they can leverage new guidance to help get the job done.
SunTrust Banks is the seventh U.S. financial institution hit by a DDoS attack apparently orchestrated by the hacktivist group Izz ad-Din al-Qassam. The group is threatening to hit Regions Financial Corp. next.
RSA says 30 U.S. banks are potential targets of a massive Trojan attack, and alleged hacktivists say three more institutions will be hit by DDoS attacks this week. How must banks respond to the latest threats?